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Jaime Luevano & Alex Wolking Close $1.25M Multifamily Sale In Chicago
SOLD
$1,249,000
Illinois
See Similar DealsMultiFamily
Sold 02/29/2024
SOLD
Jaime Luevano & Alex Wolking Close $1.25M Multifamily Sale In Chicago
1447 North Wood Street
See Similar DealsMultiFamily
Sold 02/29/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
The multi-family property located at 1447 North Wood Street in Chicago was sold for $1,249,000. The transaction was facilitated by Alex Wolking of Keller Williams ONEChicago representing the seller and Jaime Luevano of @properties Christie's International Real Estate representing the buyer.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,249,000
- Address: 1447 North Wood Street
- Market: Chicago
- Buyer's Representative: Jaime Luevano - @properties Christie's International Real Estate
- Seller's Representative: Alex Wolking - Keller Williams ONEChicago
The sale of the multi-family property at 1447 North Wood Street in Chicago was brokered by Jaime Luevano from @properties Christie's International Real Estate, representing the buyer, and Alex Wolking from Keller Williams ONEChicago, representing the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,613.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,437.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,920.90
Annual Debt Service$71,050.77
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